July 22, 2014
The New York federal judge overseeing Argentina's fight with investment firms holding around $1.5 billion in government bonds on Tuesday pled with both sides to reach a settlement of the dispute ahead of an end-of-the-month deadline that will cause Argentina to default on its debt.
July 21, 2014
The government of Argentina called on the Second Circuit to lift a New York federal judge's ban on the nation's payments to so-called exchange bondholders, making good on an argument it made in a legal notice earlier this month, in one of several filings Monday.
July 07, 2014
The government of Argentina said on Monday that a New York federal judge did not have the authority to block the payment of more than $500 million to so-called exchange bondholders, and that The Bank of New York Mellon Corp. would be violating its obligations as trustee if it returned the money.
June 30, 2014
Investment firms that hold restructured bonds issued by Argentina that are denominated in euros asked a New York federal court on Sunday to find that foreign banks that process interest payments on these bonds are outside the reach of U.S. courts.
June 27, 2014
A New York federal judge on Friday said Argentina's attempt to pay $539 million to bondholders who agreed to prior restructurings without paying holdout hedge funds is illegal and ordered The Bank of New York Mellon Corp. to return the money to the Argentine government.
June 26, 2014
A New York federal judge on Thursday denied a request by Argentina's government to suspend rulings ordering it to begin repaying several investment firms that hold more than $1.5 billion in government bonds as it enters settlement talks.
June 24, 2014
Hedge funds owed $1.5 billion over defaulted bonds on Tuesday pushed back against the Argentine government's request for additional time to negotiate a deal, saying a delay would only give the country more time to launch an evasion plan.
June 23, 2014
The Republic of Argentina on Monday asked a New York federal judge, in its dispute with investment firms over $1.5 billion in government bonds, to suspend rulings that dictate how the country must repay bondholders, so it can engage in settlement talks.
June 18, 2014
A New York federal judge on Wednesday declared Argentina's plan that would allow it to evade the $1.4 billion it owes NML Capital Ltd. a violation of his orders even as attorneys for the country said officials want to negotiate a resolution to the dispute.
May 30, 2014
A hedge fund locked in a $1.5 billion dispute over defaulted bonds from the Republic of Argentina on Friday told a New York federal judge that Cleary Gottlieb Steen & Hamilton LLP appears to be advising the country on how to evade U.S. jurisdiction if its latest U.S. Supreme Court bid falters.